Acquisition

October 19, 2026 BSE Limited, National Stock Exchange of India Limited, 20th Floor, P.J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai – 400 051 BSE Scrip Code: 544454 NSE Scrip Symbol: INDIQUBE Sub: Intimation of outcome of Board Meeting held on October 19, 2026 Dear Sir/ Ma’am, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we wish to inform you that the Board of Directors of Indiqube Spaces Limited (the “Company”) at its meeting held today i.e. October 19, 2026, commenced at 03:52 P.M. (IST) and concluded at 05:06 P.M.(IST), has, inter alia, transacted the following businesses: 1. Took on record Resignation of Mr. Avalur Gopalaratnam Muralikrishnan (DIN: 00013305). The Board of Directors of the Company took on record the resignation of Mr. Avalur Gopalaratnam Muralikrishnan (DIN: 00013305) as Independent Director with effect from the close of business hours on October 19, 2026. The Board placed on record its deep appreciation and gratitude for the valuable contribution, guidance, leadership and support rendered by him during his tenure as Independent Director of the Company and conveys its best wishes for his future endeavours. The requisite details as required in terms of SEBI Listing Regulations, read with SEBI master circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended from time to time (“SEBI Master Circular”) has been disclosed vide our letter dated October 14, 2026. 2. Appointment of Mr. Ishwar Subramanian (DIN: 01473535) as Additional Director (Independent Director) of the Company. Based on the recommendation of the Nomination and Remuneration Committee (“NRC”), the Board of Directors of the Company approved the appointment of Mr. Ishwar Subramanian (DIN: 01473535) as Additional Director in the capacity of Independent Director of the Company, with effect from October 19, 2026. He shall hold office up to the date of the ensuing General Meeting or for a period of three months from the date of appointment, whichever is earlier. Further, the Board has recommended the appointment of Mr. Ishwar Subramanian as Independent Director of the Company for a term of five consecutive years, commencing from October 19, 2026, and ending on October 18, 2031, not liable to retire by rotation, subject to the approval of the members of the Company. Indiqube Spaces Limited (formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) info@indiqube.com Registered and Corporate Office: www.indiqube.com Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, +91 9900092210 Outer Ring Road, Bangalore, Karnataka, India, 560103 CIN - L45400KA2015PLC133523 The details required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable SEBI Master Circular, are enclosed as Annexure A. 3. Reconstitution of the Audit Committee of the Board of Directors of the Company. Consequent to change in the composition of the Board of Directors of the Company, the revised composition of the Audit Committee of the Board of Directors of the Company w.e.f. October 19, 2026, shall be as follows: Sr. No. Name Category Position in the Audit Committee 1. Mr. Ishwar Subramanian Independent Director Chairperson 2. Ms. Sachi Krishana Independent Director Member 3. Mr. Rishi Das Chairman, Executive Member Director and CEO 4. Postal ballot notice for seeking the consent of the shareholders on business item no. 2, as mentioned above. Postal ballot notice, including other related information as required pursuant to the provisions of the Companies Act, 2013, and SEBI Listing Regulations, will be published and communicated in due course. 5. Approval for an investment of up to ₹35 crore, in one or more tranches, in SaiEdge Realty Private Limited (“SaiEdge”), by way of subscription to its equity shares and/or convertible securities, for up to 49% of its share capital on a fully diluted basis, subject to execution of definitive agreements The details required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable SEBI Master Circular, are enclosed as Annexure B. Kindly take the above information on record. This intimation is being made available on the website of the Company at https://indiqube.com/investor/. Kindly take the same on record. Thanking You, For Indiqube Spaces Limited Bhasker Dubey (Company Secretary & Compliance Officer) Indiqube Spaces Limited (formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) info@indiqube.com Registered and Corporate Office: www.indiqube.com Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, +91 9900092210 Outer Ring Road, Bangalore, Karnataka, India, 560103 CIN - L45400KA2015PLC133523 Information as required under Regulation 30 – Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended from time to time: Annexure - A S. Particulars Description 1. Reason for change viz. appointment, re- : Mr. Ishwar Subramanian (DIN: 01473535), appointment, resignation, removal, death or has been appointed as an Additional otherwise; Director (Independent Director) of the Company. 2. Date of appointment/re- : With effect from October 19, 2026. appointment/cessation (as applicable) & term of appointment/re-appointment Appointment of Mr. Ishwar Subramanian as an Independent Director, not liable to retire by rotation, for a term of five (5) consecutive years w.e.f. October 19, 2026, to October 18, 2031 (both days inclusive), subject to the approval of the members of the Company to be obtained in this regard by way of Postal Ballot. 3. Brief profile (in case of appointment); : Mr. Ishwar Subramanian is a Chartered Accountant and holds a Bachelor of Commerce degree from Shri Ram College of Commerce, Delhi. He has attended executive programmes at Stanford University, Harvard University, the University of Oxford and the University of Michigan. He has over four decades of experience in senior leadership roles in multinational companies, and as a private equity investor, technology entrepreneur, consultant, advisor and board member, with expertise in business strategy, finance, audit, corporate governance and management. He was Chief Executive Officer of Akzo Nobel Coatings India Asia, and earlier Chief Financial Officer of 3M India Limited and Courtaulds Coatings and Sealants India. He co-founded Forum Synergies, an India- focused private equity fund, and MSupply, a B2B marketplace for construction materials. He currently leads Cerebral Indiqube Spaces Limited (formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) info@indiqube.com Registered and Corporate Office: www.indiqube.com Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, +91 9900092210 Outer Ring Road, Bangalore, Karnataka, India, 560103 CIN - L45400KA2015PLC133523 Consultancy Services and is an Independent Director and Chairman of the Audit Committee and other committees of V- Guard Industries Limited. He has extensive advisory experience with large public and private sector enterprises 4. Disclosure of relationships between Mr. Ishwar Subramanian is not related to directors (in case of appointment of a any Director of the Company and satisfies director). the criteria of independence prescribed under the Companies Act, 2013, and SEBI Listing Regulations. 5. Declaration pursuant to BSE Circular No. : Mr. Ishwar Subramanian is not debarred LIST/COMP/14/2018- 19 dated June 20, from holding the office of director by virtue 2018, and NSE Circular No. NSE/ of any order of the Secu [Showing first 8,000 characters — download PDF for full document]